Poland may be fastest-growing large economy in EU by 2050

Poland has the potential to be the fastest-growing large economy in the EU, auditing and corporate advisory firm PwC has said in a new report on long-term global perspectives to 2050.

“Colombia and Poland... exhibit great potential, and are projected to be the fastest growing large economies in their respective regions... (though Turkey is projected to grow faster within the wider European area),” PwC said.

In a report entitled The Long View. How Will the Global Economic Order Change by 2050?, PwC said long-term global economic growth “will be driven by emerging market economies, which will gradually increase their share of world GDP over time.”

“Emerging markets will continue to be the growth engine of the global economy,” the report added.

It predicted China could be the largest economy in the world, accounting for around 20 percent of world GDP in 2050, with India in second place.

Source: Polish Press Agency (PAP)